Worthington Enterprises
About: Worthington Enterprises Inc is a designer and manufacturer of products sold to consumers, through retail channels, in the tools, outdoor living and celebrations market categories as well as a wide array of specialized building products that serve customers in the residential and non-residential construction markets, including ceiling suspension systems and light gauge metal framing products, as well as wholly-owned and consolidated operations that produce pressurized containment solutions for heating, cooking and cooling applications, among others. It operates under two reportable operating segments: Consumer Products and Building Products. It derives majority of the revenue from Building Products segment.
Employees: 5,800
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
16% more repeat investments, than reductions
Existing positions increased: 92 | Existing positions reduced: 79
0.89% less ownership
Funds ownership: 52.48% [Q1] → 51.58% (-0.89%) [Q2]
7% less funds holding
Funds holding: 279 [Q1] → 260 (-19) [Q2]
12% less call options, than puts
Call options by funds: $7.18M | Put options by funds: $8.15M
25% less capital invested
Capital invested by funds: $1.63B [Q1] → $1.22B (-$408M) [Q2]
35% less first-time investments, than exits
New positions opened: 35 | Existing positions closed: 54
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
2 analyst ratings
Canaccord Genuity Brian McNamara 58% 1-year accuracy 21 / 36 met price target | 13%upside $46 | Hold Maintained | 4 Oct 2024 |
Canaccord Genuity Brian McNamara 58% 1-year accuracy 21 / 36 met price target | 13%upside $46 | Hold Maintained | 26 Sept 2024 |
